As oil started to turn UP markets are digesting this draw down in crude instead of BUILD.
Markets generally do not handle surprise well.........so oil draw down was a surprise.
Markets will build on its gain as the afternoon progresses.Nasdaq remains the strongest of all indices...........so far.
Gold,Oil,Metals are all strong.
After Two hours of trading.........I am noticing more old line techs participating.
Green stocks are:
NVDA,SNDK,MR,AAPL,GOOG,RIMM,FMCN,CTRP,RVBD,WFR,MBLX,
GRMN,SNE,SOHU,BIDU,MA,AKAM,CIEN,DNDN.
Red stocks are:
NYX,ICE,TSL,FSLR,VCLK.
Good luck on your trades.
BLOG does not give buy or sell.
Saleem
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